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Fri, Mar 26, 10 at 14:58
| My mother has been approached by the electric company to purchase some farm land to build a substation. This is in a fast growing small city in Louisiana. Will the substation affect the value of the surrounding property in a negative way? |
Follow-Up Postings:
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| As a buyer - that would be a negative to me. I sure would pay less to be next to that. |
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| "Will the substation affect the value of the surrounding property in a negative way?" No one likes to live beside a substation. Some folks do not want to even have one down the street. |
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| I should have been more clear. I realize this board is for buying and selling a home but remember the great advice I got here years ago when that was my situation. I'm hoping to get advice from a professional although all thoughts are appreciated. The surrounding farm property will probably go for commercial development instead of residential. |
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- Posted by sylviatexas (My Page) on Fri, Mar 26, 10 at 15:44
| I'm a real estate broker in Texas, & I'd never advise a client or friend to sell land for such a thing if he/she were going to still own land near it. The stations are unsightly at best, & there's a lot of controversy about their safety (google something like "electric lines leukemia"). I wish you the best. |
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